Wishing All Of Our Customers
A Happy & Healthy Passover.
LEADING ISRAELI STOCKS
TRADED ON U.S. EXCHANGES
Mar. 15
Mar. 22
Thank You
For Your
Patronage.
Change
Symbol
Name
Exchange
SCIXF
Scitex
NASDAQ
5
14.75
5
13.75
5
ECILF
ECI Telecom
NASDAQ
5
22.00
5
23.48
+s1.48
TEVIY
Teva Pharm
NASDAQ
5
38.75
5
38.23
5
IEC
PEC Israel
NYSE
5
19.53
5
20.23
1-s0.70
ELBTF
Elba Computers
NASDAQ
5
16.23
5
16.23
ELT
Elscint LTD
NYSE
5
13.38
5
14.23
ELRNF
Elron Electronics
NASDAQ
5
11.53
5
11.50
5
TAD
Tadiran
NYSE
5
23.25
5
23.50
1-50.25
CMVT
Comverse
NASDAQ
5
23.07
5
23.75
+$0.68
ISL
First Israel Fund NYSE
5
12.25
5
11.53
1.00
0.52
5
0.00
-Fs0.85
5
0.03
0.72
Source: Allen Oleruler, Prudential Securities,
West Bloomfield.
Most Powerful
Businesswomen
Jerusalem (JPFS)— Two Israelis
were among those called the 50
most powerful women in business
in the world, World Business said
in its current issue.
Ruth Hirsch, the managing di-
rector of Dubek; and Galia Maor,
the CEO of Bank Leumi, were
among the candidates from 30 na-
tions named by the magazine.
"The candidates had to be rec-
ognized in their own countries as
builders, creators, innovators and
entrepreneurs on a grand scale,"
according to the magazine's edi-
tor, John Van Doom.
The companies they repre-
sented also had to do $50 million
a year in business, and show un-
usual growth or adaptability to
shifting markets.
Ms. Hirsch began her career at
the cigarette manufacturing com-
pany as a personal secretary. Ms.
Maor, who joined the bank in
1963, first worked as an assistant
to the head of open-market oper-
ations.
The only other woman chosen
from the region was Nawal Abdel
Moneim Tatawy, chair of the
Arab Investment Bank in Cairo,
which has $357 million in assets.
While gushing over these ex-
ecutives, the magazine also cited
a UN survey which said no
women run the world's largest
companies, and only 1 percent of
senior managers are women.
Power Station
Report Denied
Jerusalem (JPFS) — U.S. energy
giant Enron recently denied re-
ports that it joined a consortium
which intends to build a $2 bil-
lion, 2,000-mega-watt power sta-
tion in the Arava.
Enron did say, however, it was
conducting talks with Jordan con-
cerning the establishment of a
power station in Aqaba.
The prospective station's size
and volume have yet to be deter-
mined, pending a study of the
kingdom's anticipated power con-
sumption, the company's local
press representatives said.
Even should such a station ac-
tually be built, it would be on a
much smaller scale than that
mentioned in recent reports, and
it will also bear no impact on En-
ron's designs for Israel's gas sup-
ply.
The company said it was con-
ducting talks with Israeli and Jor-
danian officials to build a $300
million liquid-gas storage center
in the Arava for gas, which will
originate at Qatar and end in Jor-
dan and Israel.
If traveling west on 1-696, exit Hoover, follow Service Drive to RINKE.
If traveling east on 1-696, exit Van Dyke; take second bridge past Van Dyke over expressway to RINKE.
Barron Chase
Opens Office
Jerusalem (JPFS) — Barron
Chase Securities plans to open an
Israeli branch as a basis for its ac-
tivities in the Middle East, the
company announced.
Barron Chase, which operates
20 offices in the United States in-
cluding New York, New Jersey,
Florida, Atlanta, Colorado, Chica-
go and Boston, specializes in of-
fering profitable medium-sized
companies on U.S. stock ex-
changes, as well as bridge fi-
nancing, private issues and
mergers.
The Israeli branch will be
equally owned by Barron Chase
and a group of businessmen head-
ed by advertiser and businessman
Rony Kol.
Barron Chase President Robert
Kirk said the decision to open a
branch follows his visit here and
a thorough examination of alter-
native locations to open an office
in the region.
83